Class A Multi-Tenant Retail
For Sale
Contact for pricing
3200 FM1460, Georgetown, TX 78626
New construction offers three fully leased suites under new 10-year NNN agreements with scheduled rent escalations.
Property Size9,321 SF
Price / SF$487.72
Days on Market184
Property Features for 3200 FM1460
General Information
Standard status
Active
Size
9,321 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$286,406
Building Details
Year Built
2025
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Philip Levy · License #TX 522087
(972) 755-5225
Source:
Crexi
Added: Apr 22
Changed: Oct 9
Last Checked: Oct 20 at 6:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
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Investment Insights
Based on property information with market context.
Completed in 2025, this 9,321-square-foot Class A shopping center contains three demised retail suites. The spaces are built out for pediatric dentistry, grocery, and wellness uses, and all suites are leased under new 10-year triple-net agreements with scheduled escalations during their initial terms.
The property is located at 3200 FM1460 in Georgetown, Texas. Adjacent commercial uses include 7-Eleven, Dutch Bros Coffee, Guidepost Montessori, and a multi-tenant development under construction that is planned to include Baylor Scott & White Institute for Rehabilitation. Across Farm to Market Road 1460, the 55-acre Market at 1460 mixed-use project is also under construction.
Round Rock Premium Outlets and Baylor Scott & White Medical Center - Round Rock are both less than four miles away. The outlet center contains 125 stores within 430,000 square feet, while the medical center is undergoing a multi-phase renovation that includes a new patient tower, expanded women’s unit, conference center, continuing medical education spaces, and administrative offices.
The property is located at 3200 FM1460 in Georgetown, Texas. Adjacent commercial uses include 7-Eleven, Dutch Bros Coffee, Guidepost Montessori, and a multi-tenant development under construction that is planned to include Baylor Scott & White Institute for Rehabilitation. Across Farm to Market Road 1460, the 55-acre Market at 1460 mixed-use project is also under construction.
Round Rock Premium Outlets and Baylor Scott & White Medical Center - Round Rock are both less than four miles away. The outlet center contains 125 stores within 430,000 square feet, while the medical center is undergoing a multi-phase renovation that includes a new patient tower, expanded women’s unit, conference center, continuing medical education spaces, and administrative offices.
Key Highlights
- 9,321‑square‑foot shopping center completed in 2025
- Three demised suites are fully leased
- New 10‑year triple‑net leases with scheduled rent escalations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,126
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,282,520
$3.3M
Cap Rate 7%
$2,344,657
$2.3M
Cap Rate 9%
$1,823,622
$1.8M
Market Conditions
NOI Build-Up for 9,321 SF
Gross rent
$242.7K $26.04/SF
− Vacancy
−$8.3K −$0.89/SF
EGI
$234.5K $25.15/SF
− OpEx
−$70.3K −$7.55/SF
NOI
$164.1K $17.61/SF
Area
Williamson County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,282,520
Cap Rate 7%
$2,344,657
Cap Rate 9%
$1,823,622
Alternative Uses
Best Use
Retail
$2.34M
$2.05M – $2.74M
NOI $164,126 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.90M
$3.41M – $4.55M
NOI $272,749 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78626, TX
39,935
Population
16,866
Households
2.4
Avg Household Size
34
Median Age
36%
College-Educated
90%
High-School Grad
88.6 sq mi
ZIP Area
451
Density / Sq Mi
$94,967
Median Household Income
$44,955
Median Earnings
$1,752
Median Rent
$358,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - New construction offers three fully leased suites under new 10-year NNN agreements with scheduled rent escalations.
Where is this shopping center located?
The property is located at 3200 FM1460 Georgetown, TX.
What is the asking price?
The asking price for this property is $4,546,000.
What are key features of this property?
This property features: 9,321‑square‑foot shopping center completed in 2025; Three demised suites are fully leased; New 10‑year triple‑net leases with scheduled rent escalations
